T3 Defense (DFNS) Operating Expenses (2019 - 2026)
T3 Defense's Operating Expenses came in at $4.39 million for Q2 2026, up 5.0% from the prior quarter.
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Analysis
T3 Defense (DFNS) Operating Expenses (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, T3 Defense reported Operating Expenses of $12.64 million; for FY2025, it came in at $32.6 million, up 620.4% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of 194.2% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $4.53 million in FY2024, $17.12 million in FY2023, $1.2 million in FY2022 (+79.2%) and $670,916 in FY2021 (+353.3%).
- The Q2 2026 figure represents the highest quarterly Operating Expenses since Q1 2024.
- The fastest year-over-year change in Operating Expenses over five years came in Q4 2024 (growth of 918.9%), and the weakest in Q2 2025 (a decline of 27.7%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Space Exploration Technologies | 1,943.02 Bn | 1,704.73 Bn | 9.10 Bn | 11.78 Bn |
| 2 | General Electric | 349.37 Bn | 308.11 Bn | 5.02 Bn | 11.75 Bn |
| 3 | Rtx | 270.29 Bn | 240.28 Bn | 5.81 Bn | 21.79 Bn |
| 4 | Lockheed Martin | 139.31 Bn | 123.54 Bn | 2.44 Bn | - |
| 5 | Boeing | 137.40 Bn | 46.38 Bn | 2.17 Bn | 2.03 Bn |
| 6 | General Dynamics | 99.29 Bn | 84.52 Bn | 2.25 Bn | 13.04 Bn |
| 7 | Motorola Solutions | 87.28 Bn | 83.77 Bn | 1.77 Bn | 780.00 Mn |
| 8 | Howmet Aerospace | 87.15 Bn | 82.91 Bn | 1.00 Bn | 133.00 Mn |
| 9 | Northrop Grumman | 77.96 Bn | 65.41 Bn | 2.35 Bn | 9.85 Bn |
| 10 | T3 Defense | 495,585.21 | -17.14 Mn | 1.01 Mn | 4.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.39 Mn |
| Mar 31, 2026 | 4.18 Mn |
| Sep 30, 2025 | 4.77 Mn |
| Jun 30, 2025 | 1.05 Mn |
| Mar 31, 2025 | 1.51 Mn |
| Sep 30, 2024 | 1.19 Mn |
| Jun 30, 2024 | 1.03 Mn |
| Mar 31, 2024 | 2.09 Mn |
| Dec 31, 2023 | 9.41 Mn |
| Sep 30, 2023 | 116,668.00 |
| Jun 30, 2023 | 1.05 Mn |
| Mar 31, 2023 | 954,326.00 |
| Dec 31, 2022 | 1.08 Mn |
| Sep 30, 2022 | 480,867.00 |
| Jun 30, 2022 | 144,590.00 |
| Mar 31, 2022 | 469,271.00 |
| Dec 31, 2021 | 410,601.00 |
| Sep 30, 2021 | 153,337.00 |
| Jun 30, 2021 | 28,567.00 |
| Mar 31, 2021 | 78,411.00 |
API Access
T3 Defense Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=DFNS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "DFNS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=DFNS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();